Article

For Fintech Startups, Winning Customer Trust Is All About The Revenue Model

An enterprise’s revenue model is, of course, vital to success. But for fintech entrepreneurs, it’s especially crucial. That’s because, as research shows, consumers point to financial companies’ revenue models--say, charging high fees that eat into investor gains or pushing proprietary products--as a top reason for not trusting such enterprises. At the same time, winning customer confidence is particularly important for fintech companies.

The bottom line: Fintech startups have to focus on not just building a revenue model, but on creating one that fosters trust.

Announcement

Agenda Edu, a platform that increases engagement in school settings, announced today that Omidyar Network has invested in the Brazilian startup to help them further scale, including platform improvements, and growth of its user base and team.

Article

The world’s largest project to formalize land rights of urban slum dwellers started earlier this year in Odisha, India, with support from Tata Trusts and Omidyar Network. Shalmoli Halder and Sushant Kumar discuss why this project matters and how to potentially replicate it elsewhere.